Global warming has played a key role in gradually thinning the glaciers atop Puncak Jaya, Papua, Indonesia, some of the few remaining tropical glaciers in the world, according to Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG).
Thailand’s Industry Minister Pimphattra Wichaikul said on June 23 that factories and relevant agencies have prepared measured to cope with flooding caused by the El Nina phenomenon.
Vietnam’s rice output is expected to reach 43 million tonnes in 2024, which is able to ensure domestic consumption and export demand of more than 8 million tonnes, according to the Ministry of Agriculture and Rural Development.
Prime Minister Pham Minh Chinh on April 1 issued a directive ordering measures be taken to cope with the current heat waves, drought, water shortages, and saltwater intrusion which have hit several localities.
Among the over 33,000ha of drought-hit forest in the southernmost province of Ca Mau, more than 13,530ha has fire potential rated as “dangerous” (Level 4) and nearly 4,000ha “extremely dangerous” (Level 5), local authorities said.
Although Vietnam holds huge potential to boost rice export in 2024 as the world is forecast to face a shortage of about 5 million tonnes of the grain, limitations in linkage chain must be tackled for the industry to move forward.
The Philippine government on March 6 said that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion PHP (nearly 19 million USD) while the climate pattern may persist till the second quarter this year.
The recent falls in rice prices are only short-term and the upward trend will continue in 2024 on limited supply, providing significant opportunities for Vietnam’s rice export, analysts have said.
Indonesia's state purchasing agency Bulog has issued an international tender to buy 500,000 tonnes of rice sought for arrival in February and March, with the offer deadline set at January 29.
The Philippines is tempering its economic growth outlook for 2024 as it braces for "difficult months" when the El Nino weather phenomenon takes its toll.
Food prices are expected to remain high for the rest of the year as the El Niño weather phenomenon affects production in Indonesia and other countries, the National Food Agency (Bapanas) has said.
Indonesian President Joko Widodo (Jokowi) has announced that his government will provide direct cash aid to assist communities affected by the drought caused by the EL Nino phenomenon.
Petrovietnam Power Corporation (PV Power) said it has completed 69% of this year's profit before tax goal, with thermal power output expected to increase sharply in the coming months.
The Philippines is considering options other than a price ceiling to tackle high rice prices, the country’s National Economic and Development Authority (NEDA) has said.
The Agricultural Economics Office of the Agriculture and Cooperatives Ministry in Thailand has forecasted a decline in rice production for the country’s 2023-24 harvest season, primarily due to the effects of the El Niño weather phenomenon.
Thailand’s government is stepping up efforts to address concerns about decreased rainfall and drought caused by the El Nino weather phenomenon that is affecting the country's agricultural sector.
The Indonesian government has prepared a number of measures to deal with rising rice prices, which raises public concern in the Southeast Asian country.